Archive
Skype Co-Founder’s Lending Startup Raises US$105 Mil
Oriente, the Hong Kong-based financial services and technology company announced today that it had completed a US$ 105 million initial funding round. This included investment from the founders and a group of family offices including members of the Berjaya Group,
Read More
Techcrunch City Event and Hackathon Comes Back 2019 to Shenzhen
We love Shenzhen. Sure, Beijing has Zhongguancun and Shanghai has its international and diverse entrepreneurial community. But Shenzhen has a certain je ne sais quoi, an energy that pervades the entire city. Maybe it’s the great weather or maybe its youth
Read More
FWD Group Buys Into Bloomberg’s Risk-Management Software
FWD Group, a Hong Kong-based insurance arm of Pacific Century Group has bought into Bloomberg’s risk management solutions. Some of the systems that FWD have brought on include Bloomberg’s Multi-Asset Risk System (MARS), its Asset and Investment Manager (AIM), its
Read More
Meet The Top 6 Funded Taiwanese Startups in Fintech
In Taiwan, regulators prefer innovators compared to disruptors. Innovators can work together with existing companies and thus, within the same regulation frameworks that have already been established. Meanwhile, disruptors usually call for brand new regulations, which can be more difficult
Read More
7 Fintech Startups to Watch 2019 in Hong Kong
Hong Kong is investing heavily to become Asia’s top fintech hub. Among the key policies put in place this year to help it achieve its ambitions is a HK$500 million fund to develop financial services over the next half-decade, including
Read More
MTR Users Will Soon Be Able to Pay Using TNG, UnionPay and WeChat Pay
Consumers will soon have more payments option for their MTR rides beyond just Octopus cards. Fresh out of their earlier announcement to enable Alipay by 2020, MTR awarded contracts to 3 more players, namely TNG Wallet, Union Pay and WeChat
Read More
Neat First to Join Xero’s New Open Banking API for Accounting
Xero, a cloud-based accounting software platform geared for SMEs, announced the launch of its open banking API in Hong Kong, which would link up banks, fintechs and financial institutions. Xero has 1.6 million subscribers in over 180 countries including Hong
Read More
Tencent’s WeSure Forms Partnerships with 20 Insurance Companies
WeSure, Tencent’s insurance platform, has widened its line of products and formed partnerships with 20 insurance and reinsurance companies. The “data-driven” and “social connection” features of WeChat, as Alan Lau, Chairman & CEO of WeSure, mentioned in a recent CNBC interview, will help
Read More
InvestHK 2018 Hong Kong Fintech Map
Hong Kong, one of the world’s leading fintech hubs, have been experiencing incredible growth in recent years, thanks to a supportive government, its large pool of investors, and lots of startup programs aimed at supporting promising ventures. As of 2017,
Read More
AlipayHK Will Be Offering QR-Based MTR Payments By 2020
After a fierce battle, AlipayHK wins the ability to provide QR code payment solutions for Hong Kong’s MTR, with the new payment system to be rolled out to 91 MTR stations by mid-2020. AlipayHK will serve as an extra option
Read More